Acquisition of Gigablast by Yippy Leaves Some Questions Unanswered
July 19, 2013
An article on Yahoo titled Yippy, Inc. (YIPI) to Acquire Gigablast, Inc. And Web Research Properties, LLC to Expand Consumer Search, Enterprise, and eDiscovery Products reported on the important acquisition by the young company. Yippy, Inc. is a search clustering tech company based in Florida with some innovative eDiscovery resources. Matt Wells, the founder of Gigablast states in the article,
“Gigablast and its related properties can provide advanced technologies for consumer, eDiscovery, and enterprise big data customers. Gigabits, a related program, is the first operational enterprise class clustering program which I put into service in 2004. Yippy’s Velocity platform was essentially based off of my original work which will allow Yippy to sell behind the firewall installations for all types of search based applications for enterprise and eDiscovery customers.”
Yippy’s Chief Executive Rich Granville claims that the acquisition will not only benefit customers through technological innovation but by low costs. He directed interested parties to a demo that might illustrate the massive potential in the merger of these companies. The demo shows that the combined indexing of billions of pages of data has already begun, although not when it will be complete. What is less clear is who is indexing what in this tie-up?
Chelsea Kerwin, July 19, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
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[…] it seems that Matt Well’s search engine Gigablast has been acquired by Yippy.com [1] [2] [3] (demo here http://demo.yippy.com/). Gigablast has always been one of my favorite search engines […]